They contacted my accountant after 5 days, so obviously things are moving behind the scene.
No issue with that, except one should not tout for one card without comparing likes for likes e.g. $250 for 1st year (DJ Plat) vs $0 (Macq Visa) etc...
Terms like "that's clear" imply unequivocal superiority while lacking in direct comparative data.
I have no affiliation with either organisation (DJ or Macq Bank)
You crack me up. You apparently can't read simple English i.e. "Complimentary travel insurance is included", make an unequivocal statement that travel insurance is not included then try to have a dig when it's pointed out that you were wrong? Perhaps I should keep my posts to words of one syllable so you can understand. It is clear to anyone who reads the card features that Travel Insurance is part of the card features.
BTW I am not "touting" for one card and I have posted a pretty thorough comparison to back my opinion that the Macq bank card is not that good an offer, which I note, you have not refuted. I used the DJ Amex as a comparison. Another was the Qantas CU Platinum Visa card:
Earn up to 30,000 bonus Qantas Frequent Flyer points in the first 5 months when you make eligible purchases and receive the card before 31 December 2012[SUP]
2[/SUP]
-Earn 1 Qantas Frequent Flyer point for every $1 spent on eligible purchases[SUP]
1[/SUP]
-Earn 2 Qantas Frequent Flyer points for every $1 spent on Qantas products and services[SUP]
3[/SUP]
-Complimentary Qantas Frequent Flyer membership, valued at $82.50[SUP]
4[/SUP]
-Complimentary overseas travel insurance[SUP]
5[/SUP]
-4.99%p.a. on balance transfers and purchases for your first 5 months[SUP]
6[/SUP]
-Annual fee of $195 (waived for the first year)[SUP]
7[/SUP]
-Up to 46 days interest free on purchases
-Free additional card holder
-24/7 worldwide Visa Platinum Concierge Service
-Access to Visa Platinum entertainment offers
30000 bonus points as long as I buy a chocolate bar at the supermarket over the next 5 months, then I can pocket my 30000 points for virtually free and ditch the card. Much better value that the Macq Bank card.
I have three Platinum Cards, a Bankwest Qantas Mastercard, the DJ Amex card and a Qantas CU card for different spends. The Bankwest card is my everyday card, best for general spending and overseas/online purchases ($0 foreign transaction fees) The Qantas CU card is purely a short term card for my five kit kat bars, then I'll flick it. The Amex card is for groceries/fuel @ 2.25QFF points per $ and for instore purchases. The DJ Amex card has given me the greatest amount of free points, but I'm not really sure how. I initially got the standard card and used my 15000 point sign on bonus to pay the first year's fee, effectively getting it for free, then selected the QFF program. However, after a few weeks I was credited an additional 30000 points bonus for a Woolies purchase. I decided to upgrade to Platinum and was credited $95 against the joining fee, bringing that back to $200 which they haven't charged me yet, however, because I was a new Platinum customer, I received another 30000 points. Spent a couple of grand on Christmas presents instore on the weekend and received 6 QFF points per dollar spend for 12000 points. Today, another 2000 bonus points appeared in my account for no apparent reason. So far, assuming they charge me the $200 annual fee, it will have cost me only $200 for 62000 bonus points in just 2 months over and above any bonus points from spending. I'm pretty happy with that. I wouldn't be surprised if they don't charge me and in any event, come the anniversary I'll be telling them to waive the fee or I'll churn to another card.
Getting back to the topic, the bottom line when considering the Macq card is there are other cards out there which will give you more points for less spend e.g. Qantas CU Platinum or have permanent bonus points for food/groceries not capped at $5k spend in 5 months. The fact that after 5 months your spending on the Macq Bank card reverts to $1 per QFF point regardless of where you spend means it is not as good value as some other cards IMO.
